Businesses back Heathrow bid to run third runway November 18, 2025 A group of well-known firms has urged ministers to approve the third runway expansion plan tabled by the owner of Heathrow airport, arguing its plan will deliver “the greatest economic benefit to the UK”. In a letter to transport secretary Heidi Alexander, bosses from the likes of Burberry, Caffe Nero and Fortnum and Mason threw [...]
Real Madrid eye £1bn injection to keep pace with Premier League elite November 18, 2025 Real Madrid president Florentino Perez is taking steps to ensure they remain competitive with Premier League clubs by inviting private equity to invest close to £1bn. Perez is expected to use the annual meeting of the club’s approximately 100,000 members on Sunday to announce proposals to change the club’s ownership structure. The plan considered most [...]
HP pursues Lynch estate for £1.35bn as tech giant forks out £150m in legal bills November 18, 2025 The High Court heard that the estate of British technology tycoon Mike Lynch should be liable to pay more than £1.35bn to Hewlett-Packard (HP) over fraud linked to the sale of Autonomy. Lynch, who founded software firm Autonomy in 1996, sold it to HP in 2012 for $11.1bn, but after a bust-up over allegations of [...]
‘Hey you guys!’ A Goonies 40th anniversary pilgrimage to filming locations in Oregon November 18, 2025 The Goonies turns 40 this year. And so does lifelong fan Damien Gabet. To celebrate their birthdays, he visits the film locations in Oregon The first time I travelled to the States in 2009 I was so excited I thought I might die. I wanted to see where Disney and donuts came from so badly [...]
Cadillac add off-track hires ahead of Formula 1 debut November 18, 2025 Formula 1’s freshest team Cadillac have strengthened ahead of their first season on the grid, making two senior hires. Lauren Teixeira will join the US team as chief commercial officer while Willem Dinger will become chief partnerships officer. Teixeira joins having previously worked for the Formula 1 development Academy series, while she had had stints [...]
How an Executive MBA helped one finance leader drive global growth November 18, 2025 How an Executive MBA helped one finance leader drive global growth For many professionals, an MBA represents a step toward bigger responsibilities, new sectors or entrepreneurial ambitions. For Harry Young, the decision to join the Executive MBA at Bayes Business School was inseparable from a much larger goal: helping steer his company through a phase [...]
Company directors now required to verify identity under new rules November 18, 2025 In one of the biggest changes at Companies House for years, its new ID powers kicked in today – forcing company directors to verify their identity or risk facing new enforcement powers. Starting from 18 November, anyone who becomes a company director or person with significant control will need to verify their identity via GOV.UK [...]
Recession fears as insolvencies creep up amid construction woes November 18, 2025 The number of insolvencies crept up in October, official data has shown, amid further pressures on the construction industry and worries that Budget measures may sound the death knell for struggling companies. Data released by the Insolvency Service showed a 1.7 per cent month-on-month rise in insolvencies. On a year-on-year basis, official numbers show insolvencies [...]
Yoti revenue surges amid boost from Online Safety Act rules November 18, 2025 Yoti has seen a surge in revenue as the identity verification business was boosted by fresh rules introduced under the Online Safety Act. The London-based business posted a 55 per cent rise in turnover to £20.3m for the year to end March, according to accounts filed with Companies House. “Regulatory issues are central to the [...]
Klarna shares fall as banking transformation triggers wider losses November 18, 2025 Swedish fintech unicorn Klarna recorded steeper losses in the third-quarter as costs related to the firm’s transition to becoming a fully-fledged bank offset record revenue. The buy now, pay later firm – which has set its sights on becoming a digital bank – recorded a loss of $95m (£72m) for the three months ending 30 [...]